Demolition report dated 21 June 2024

Across the industry this week, the on going & disastrous state of affairs in both Bangladesh and Pakistan on opposite ends, coupled with the onset of the customarily slower summer / monsoon months has increasingly descended the Indian sub-continent ship recycling markets into a tighter squeeze over the last week or so, especially as India too shuffles through the impact of its recent election results and Turkey at the far end remains upended without any rescue, lying emaciated in wait for any signs o f tonnage coming their way.


The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.


If you are a member, please login using the orange button at the top of the page to view the full article, or register.

If you are unsure of your membership, or wish to become a member, please contact




Contracts & Clauses

All of BIMCO's most widely used contracts and clauses as well as advice on managing charters and business partners.

Learn about your cargo

For general guidance and information on cargo-related queries.

More about cargo

BIMCO Publications

Want to buy or download a BIMCO publication? Use the link to get access to the ballast water management guide, the ship master’s security manual and many other publications.